Charles River Development says that Standard Life Investments, which as over US$145 billion in assets under management, has selected the Charles River Investment Management System (Charles River IMS) for portfolio management (Charles River Manager), order management and trading (Charles River
Linedata Services, the Paris based IT company that acquired the ICON and ICON Retail mutual fund processing platforms from Thomson, has unveiled a 3 year strategic plan to invest in the twin systems. Linedata Services has committed itself to increased
The IBSnet Trade Finance solution has been awarded SWIFTReady Gold Label status for 2004. This is the sixth consecutive year that IBSnet has received it. SWIFTReady Gold certification is the highest level of achievement, and confirms that IBSnet is compliant
TradeWeb, online fixed income trading platform, says that UniCredit Banca Mobiliare (UBM) has become a dealer participant on its network. "The Italian market represents a significant and growing piece of the fixed income business in Europe," says Lee Olesky, President
ADP Wilco says it has extended business process outsourcing service. Its clients are currently able to outsource to ADP Wilco elements of operational processes such as trade capture, end of day reconciliation, instrument pricing and securities and corporate actions reference
CheckFree Financial and Compliance Solutions (CFACS), a business unit of CheckFree Corporation has announced three new client wins for Kedrios, a CheckFree business partner and a provider of outsourced middle and back office services in Italy. The new clients are
US fund managers see streamlining operations as the most important issue facing them in 20004, and a unified platform as the key to real time performance reporting. Or so suggests a survey by QED Information Systems, a provider of portfolio
Thomson Financial has sold its PORTIA and Oneva Trade EQ tools to BISYS Fund Services. PORTIA is a portfolio management system, while Oneva Trade EQ is an order management system integrated with it. BISYS is also buying the Thomson Automated
SunGard says the Bank of Israel has selected the MINT SWIFTNet FIN solution to replace its SWIFT interface to take advantage of SWIFTNet readiness. Bank of Israel has committed to use MINT as its strategic SWIFTNet FIN platform, to manage
Sophis has upgraded its Convertibles On Line (COL) convertible bonds database and analytical and pricing tools. COL version 2.3 incorporates new pricing models Trinomial and PDE, both which have been revised. Sophis has also integrated three ways of taking credit